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Dollar to Face More Volatility
This Week After G-7 Inaction

By

Grainne McCarthy and

John ParryDow Jones Newswires

Updated Sept. 29, 2002 7:29 p.m. ET

WASHINGTON -- With little in the way of confidence-boosting policies from the meeting of the Group of Seven finance ministers, the dollar could be in for more volatility this week, hit by fears about a war on Iraq, sliding stock markets and concerns about Japan's banking system.

"I think you're going to continue to have a lot of confusion, especially around Japan, following the G-7 meeting," said Rebecca Patterson, a currency strategist at J.P. Morgan Chase in New York. (The G-7 industrial nations are Canada, France,...